
US Could See Potential 'Whiff' of Stagflation: Clarida
Richard Clarida, global economic adviser at Pimco and former vice chair of the Federal Reserve, discusses the inflation situation in the US. "If we do get stagflation, it's not going to be the bad old days of the Seventies," Clarida tells Bloomberg's Francine Lacqua. "We'll have a whiff, potentially a whiff, of stagflation." (Source: Bloomberg)
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When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'scheduled,' 'expect,' 'future,' 'intend,' 'plan,' 'project,' 'envisioned,' 'should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. 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